Significant increase in net profit! Baida Group Co.,Ltd sold another 0.17 million shares of Bank Of Hangzhou, as strong bank stocks were frequently subject to Shareholding last year.

On the evening of January 2, Baida Group Co., Ltd. (hereinafter referred to as Baida Group) announced that in December last year, the company sold 170,000 shares of Bank of Hangzhou, with a transaction amount of approximately 2.42 million yuan. Throughout last year, the Shareholding reduction of Bank of Hangzhou stocks cumulatively impacted the Net income attributable to the shareholders of the listed company by 13.9799 million yuan, accounting for 103.01% of the most recent audited Net income attributable to the shareholders of the listed company.

cls.cnJan 2 09:23 ET

After being vacant for more than two years, Zheng Guoyu was elected as the new Chairman of the Postal Savings Bank Of China, previously serving in the Bank Of China and Industrial And Commercial Bank Of China.

① This afternoon, the Postal Savings Bank Of China announced that, following a resolution by the Board of Directors, Zheng Guoyu has been elected as the Chairman of the Postal Savings Bank Of China, and his qualification is subject to approval by the National Financial Regulatory Administration before taking effect; ② Zheng Guoyu currently serves as a director, general manager, and chief compliance officer of China Post Group Co., Ltd. He has previously held the position of vice president at both the Bank Of China and the Industrial And Commercial Bank Of China.

cls.cnJan 2 05:16 ET

In a rare move, a state-owned bank has lowered the minimum repayment ratio for China Construction Bank Corporation credit cards to 5%, while most banks in the market still maintain a 10% rate.

① Today, China Construction Bank Corporation announced on its official website that starting today, the minimum repayment ratio for all Long Card Transformers credit cards has been adjusted from 10% to 5%. ② Not long ago, Bank Of Xi'An made a similar adjustment, but currently, the minimum repayment amount for most commercial banks' credit cards is still 10%. ③ In recent years, especially this year, credit card business personnel have faced considerable pressure. It is reasonable for banks to make adjustments in their credit card business.

cls.cnDec 25, 2024 04:46 ET

China CITIC Bank Corporation's strategy meeting: The US stock market is expected to continue rising next year, A-shares have profit opportunities, and the long-end interest rates of national bonds may rise.

Han Tongli stated that compared to the Internet Plus-Related bubble period of 1999-2000, the U.S. stock market still has 30%-40% upward potential, and the U.S. dollar may continue to remain strong. Zhao Qian mentioned that there are profit opportunities in the A-share market next year, as the current valuation of A-shares is not expensive, related policies provide a strong bottom support for the market, and many Chinese companies are expected to perform better next year than this year.

wallstreetcnDec 25, 2024 00:27 ET

For the first time in history! The largest Shareholder of Shanghai Pudong Development Bank has increased their Shareholding in the secondary market, and bank stocks with a Low P/b Ratio are attracting capital favor.

① A relevant person from Shanghai Pudong Development Bank confirmed to the Financial Association reporters that the largest Shareholder, International Group, is making its first-ever Shareholding in the bank from the secondary market. ② The market reacted strongly, believing that there are two possible reasons for the Shareholding: implementing Market Cap management and addressing Convertible Bonds issues.

cls.cnDec 19, 2024 21:08 ET

For the first time since 2008? The largest shareholder Shanghai International Group has acted to increase its shareholding in Shanghai Pudong Development Bank, with a maximum limit of 94 million shares, promising not to reduce its shareholding within five

① The company commits not to shareholding the shares it holds in the company during the implementation of this shareholding plan and within 5 years after its completion. ② Wind Statistics show that this shareholding marks the first time Shanghai International Group has increased its holdings in Shanghai Pudong Development Bank in the secondary market after the affiliated company's receipt of a portion of shares transferred from the Shanghai Shibei Group in 2008.

cls.cnDec 19, 2024 10:18 ET